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Short-term Investments and Fair Value Measurements - Summary of Available-for-sale Securities (Details) - USD ($)
6 Months Ended 12 Months Ended
Jun. 30, 2024
Dec. 31, 2023
Debt Securities, Available-for-sale [Abstract]    
Cost $ 79,498,907 $ 134,873,427
Gross Unrealized Gains 11,252 36,647
Gross Unrealized Losses (3,481,043) (3,927,161)
Fair Market Value 76,029,116 130,982,913
Mutual funds    
Debt Securities, Available-for-sale [Abstract]    
Cost 45,541,438 55,389,289
Gross Unrealized Gains 0 0
Gross Unrealized Losses (3,042,831) (3,522,888)
Fair Market Value $ 42,498,607 $ 51,866,401
U.S. treasury securities    
Debt Securities, Available-for-sale [Line Items]    
Contractual Maturity (in years) 1 year 1 year
Debt Securities, Available-for-sale [Abstract]    
Cost $ 29,676,056 $ 75,164,782
Gross Unrealized Gains 517 24,938
Gross Unrealized Losses (2,473) 0
Fair Market Value $ 29,674,100 $ 75,189,720
Certificates of deposit    
Debt Securities, Available-for-sale [Line Items]    
Contractual Maturity (in years) 1 year 1 year
Debt Securities, Available-for-sale [Abstract]    
Cost $ 2,979,591 $ 2,978,917
Gross Unrealized Gains 10,735 11,709
Gross Unrealized Losses (290) (300)
Fair Market Value 2,990,036 2,990,326
U.S. agency mortgage-backed securities    
Debt Securities, Available-for-sale [Abstract]    
Cost 1,301,822 1,340,439
Gross Unrealized Gains 0 0
Gross Unrealized Losses (435,449) (403,973)
Fair Market Value $ 866,373 $ 936,466